The Dow Jones Industrial Average (DJIA) stumbled on Thursday, consolidating just below the 45,000 handle as earnings blunders drag down key overweighted stocks listed on the Dow Jones. Equities remain tilted firmly into the high side with all major indexes testing fresh record highs,

Major stock indexes were mixed in late trading Thursday as investors reacted to a flurry of earnings reports from major companies, notably tech giants Tesla and Alphabet, and awaited new developments related to tariffs.

Overnight, Wall Street's Dow Jones index fell 0.70% in a sign that sellers were looking to re-establish their dominance at 45,000, the horizontal resistance identified by highs reached in December and January. A potential bearish reversal from here could sour sentiment in the crypto market.

The successor to the first stock market index is getting up there with the S&P 500 and the Nasdaq Composite in all-time-high territory.

Dow Jones gains on strong healthcare and financials while Nasdaq drops as tech stocks retreat, signaling sector rotation in US indices today.

In short, markets are betting that deals, not threats, will define the coming phase. And for now, the Dow Jones stands as a barometer for this evolving geopolitical and economic narrative—one where optimism, however fragile, is taking the lead.

Those moves follow a second straight day concluding at a high for the S&P 500, which inched up 0.06% in the session. Tuesday marked the 11th closing record of 2025 for the benchmark index. The 30-stock Dow climbed nearly 180 points in the session. The tech-heavy Nasdaq Composite, on the other hand, fell about 0.4% as chip stocks took a hit.

Dow Jones pulled back as IBM declined by 7.8%. The stock suffered a sell-off despite the better-than-expected quarterly report. The company’s software revenue missed analyst estimates.

Chemical maker Dow, grappling with a prolonged industry downturn, has halved its rich dividend. Dow on Thursday said its board slashed the quarterly payout to 35 cents from 70 cents. The new dividend, equal to $1.40 a year, represents an annual yield of about 4.61% based on Wednesday's closing price of $30.37, down from 9.22%.

The Dow Jones (DJIA) is in negative territory despite a better-than-expected jobs report and ahead of President Trump’s visit to the Fed